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REPORTED · NEWSPublished Mar 27, 2026

Citigroup Announces 250+ Job Cuts at New York Headquarters

EMPLOYEES AFFECTED
250
SHARE OF WORKFORCE
~0.1%
EFFECTIVE DATE
Mar 10, 2026
250 OF 229,000 EMPLOYEES

What we know

Location: New York, NY, USA.

Based on news reporting.

Summary

Citigroup Inc. has announced the elimination of over 250 jobs at its New York headquarters. This decision reflects the company's ongoing efforts to streamline operations and adapt to changing market conditions. The layoffs are part of a broader trend within the banking sector, as firms seek to reduce costs amid economic pressures. Citigroup's workforce reduction highlights the challenges faced by financial institutions in maintaining profitability while navigating a competitive landscape. The specific departments affected by these cuts have not been disclosed.

Citigroup Inc. cut 250 jobs as of March 10, 2026.

That is roughly 0.1% of the 229,000 people Citigroup Inc. employs.

LayoffTalk has tracked 13 layoff events at Citigroup Inc. since January 2023, affecting a combined 12,500 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Citigroup Inc. cut 250 jobs on March 10, 2026. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

SOURCE
News reporting
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C
Citigroup Inc.C
Financial Services · 229,000 employees
13
EVENTS TRACKED
106K
AFFECTED SINCE 2023
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CREATED MAR 27, 2026LAST UPDATED JUL 3, 2026